Past News Releases

As an exceedingly important functional part of automotive interiors, instrument panel not only requires being installed with such devices to display information about a vehicle as meter, display screen, acoustic system, air-conditioning system, but needs to be equipped with defrost system, air outlet, glovebox, cup holder, ashtray, airbag, etc.

Driven by the substantial rise in China’s automobile output, the Chinese instrument panel market volume climbed 14.7% YoY to 23.32 million units in 2013, with the growth rate up 9.3 percentage points from 2013. The market demand for instrument panel is closely linked with automobile output. In the future, as the growth rate of China’s automobile production slows down, the growth rate of instrument panel output will drop as well.

Among them, Huayu Automotive Systems sold 4.32 million units of instrument panel in 2013, rising by 23.4% year on year. The Huayu Automotive System Co., Ltd’s subsidiary involved in the production of instrument panel mainly refers to Yanfeng Automotive Trim System Co., Ltd and its affiliates. In 2013, the revenue of Yanfeng Automotive Trim System reported RMB49.871 billion, up 25.4% from a year earlier. In May, 2014, Yanfeng Automotive Trim System joined hands with Johnson Controls to co-fund an automotive interiors company which mainly produces instrument panel, auxiliary fascia console, door panel, cockpit module, console module and so forth.

In 2013, the revenue of Hainan Drinda Automotive Trim Co., Ltd increased by 21.1% year on year and amounted to RMB722 million, including RMB384 million from instrument panels, up 29.5% from a year before and accounting for 53.4% of company’s operating revenue. Also in 2013, company’s instrument panel sales volume was up to 812,400 units which were primarily supplied to Haima Automobile Group Co., Ltd., Lifan Motors, Dongfeng Nissan, Zhengzhou Nissan, Dongfeng Liuzhou Motor, Changan Mazda Automobile, Shanxi Dayun Automobile Manufacturing, Sany Heavy Industry, Changfeng Leopaard, Hawtai Motor, etc.